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When Darden Restaurants -- the company behind Olive Garden, Bahama Breeze, LongHorn Steakhouse and more -- reported first quarter earnings results Tuesday morning, the results were better than expected: earnings per share beat the Wall Street estimate by six cents, an increase in same-store sales proved a welcoming outlier among its food industry peers, and the company raised its full-year earnings outlook.read more

IBM just reported its first-quarter earnings, and we're looking through them now.
It reported Q1 earnings per share at $2.35 a share vs. expectations of $2.09 a share.
Revenue of $18.68 billion was reported, beat expectations of $18...

Darden Restaurants, the owner of Red Lobster, Olive Garden, and LongHorn Steakhouse chains, announced last spring that it was investing in the world's first commercial lobster farm in Malaysia. In an analyst conference today, the re...

The restaurant industry needs some blood-letting according to the CEO of a major restaurant chain.
The CEO of Darden Restaurants, the owners of chains such as Olive Garden and Longhorn Steakhouse, said in the company's quarterly ear...